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Report: Innovative New Robotics at PACK EXPO Connects
PMMI Media Group editors covering a virtual event instead of an in-person exposition divided and conquered to collectively take in as much of PACK EXPO Connects as possible. Here’s what they saw in the robotics category.
Jan 19th, 2021
NOTE: Robotics wasn’t the only area of interest at PACK EXPO. Click the links that follow to read more about innovations in: E-commerce has reached unprecedented levels, much like the unprecedented pandemic that prompted the rise. According to Robert McElmurry, Executive Director Global Accounts at Fanuc America Corp., e-commerce spiked Q1-2020 from 11% of retail to 16% representing a 45% increase in just one quarter.
Uber planning to spin out Postmates’ delivery robot arm
Another Uber spinout is in the works.
Postmates X, the robotics division of the on-demand delivery startup that Uber acquired last year for $2.65 billion, is seeking investors in its bid to become a separate company, according to several people familiar with the plans.
The startup is being referred to as Serve Robotics, a nod to the yellow and black-emblazoned autonomous sidewalk delivery bot that was developed and piloted by Postmates X. The Serve robot, which recently partnered with Pink Dot Stores for deliveries in West Hollywood, will likely be the centerpiece of the new startup.
Another Uber spinout is in the works. Postmates X, the robotics division of the on-demand delivery startup that Uber acquired last year for $2.65 billion, is seeking investors in its bid to become a separate company, according to several people familiar with the plans. The startup is being referred to as Serve Robotics, a nod to the yellow and black-emblazoned autonomous sidewalk delivery bot that was developed and piloted by Postmates X. The Serve robot, which recently partnered with Pink Dot Stores for deliveries in West Hollywood, will likely be the centerpiece of the new startup.
By Reuters Staff
1 Min Read
FILE PHOTO: A screen displays the company logo for Uber Technologies Inc at the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2019. REUTERS/Brendan McDermid
(Reuters) - Ride-hailing platform Uber Technologies Inc is looking to spin off the robotics unit of Postmates, a food delivery startup it acquired last year, TechCrunch reported on Friday, citing people familiar with the matter.
Postmates X will be spun off as a new company, Serve Robotics, in which Uber will retain its ownership stake, the technology news website reported tcrn.ch/3bJEBYC.
Postmates X introduced its semi-autonomous bot, Serve, in 2018 to aid faster deliveries. It currently operates commercially in Los Angeles and San Francisco, according to the report, and will be the focus of the new company.